Chủ Nhật, 15 tháng 9, 2013

GOLD Target for the breakdown

  • The pattern shown in four hour chart suggest that price may come back to 1272 levels from were the pattern was started. It also looks like a strong reversal formation.
  • Daily chart shows price below crucial moving averages. Sustaining below 50 SMA price should test the immediate support level which is at 1272.

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